The Papagayo Peninsula is located on the north Pacific coast of Costa Rica and is in the northwest province of Guanacaste. It is located in the Golfo de Papagayo, and was formed by volcanic activity and by weather. The 15 miles (24 km) of coastline contains 31 separate beaches. The larger Peninsula Santa Elena to the north protects the waters of the Papagayo Peninsula.

It is popular for destination weddings. The peninsula also includes a small selection of luxury homes and properties, there are also multiple new projects that are being developed in the area. As per government mandate, 70% of the land in the Peninsula Papagayo must remain natural ensuring that the beauty of the land is not lost to overdevelopment.